Talisman Mining Ord Shs TLM

Primary Symbol: TLSMF

Metals & Mining Industrial Metals & Minerals

Talisman Mining Limited is an Australia-based mineral development and exploration company. The Company is engaged in the exploration, discovery and development of opportunities in base and precious metals. It has secured tenements in the Cobar/Mineral Hill region in Central New South Wales (NSW) through the grant of its own exploration licenses and through a joint venture agreement. Its projects include Lachlan Base Metal and Copper-Gold Project, Mabel Creek Project and Yarindury Porphyry Copper-Gold Project. Its Lachlan Project encompasses approximately 7,100 square kilometers (km2) land position in the highly prospective Lachlan Fold Belt of central New South Wales. It also has over 1040 km2 of highly prospective tenure in Mabel Creek Project, which is a prospective for iron oxide copper gold (IOCG) deposits and intrusion related rare earth and battery metals mineralization. Yarindury Project is located 30km east of Dubbo in the Macquarie Volcanic Arc of central-western NSW.

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Talisman Mining Ord Shs > TLM not the only one fighting North Sea issues

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Comment by Kamloopson Oct 01, 2014 11:29am

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Post# 22986694

RE:RE:RE:RE:RE:TLM not the only one fighting North Sea issues

The biggest problem that TLM has is the abandonment liability provision that it has set up for the NS assets. This problem was recognized some 10 years ago but nothing was done about it as they were hoping for regulatory changes to be made. As a result they now have this huge problem to resolve surrounding any sale.

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